fiziji

Bitcoin Weekly Update
I don't think there's any need to write a long post when nothing has changed much in terms of price.
The weekly chart remains in an overall downtrend. Price got rejected from the $65k–67k zone that we discussed in the last two weekly updates. That clearly shows the bulls are still weak.
I see sentiment is extremely positive, and I honestly don't understand why. Price has done almost nothing, and the overall weekly structure still looks bearish.
Looking at the weekly chart, the rejection from $65k–67k is very clean. Even if price moves up to $70k–72k, it still wouldn't change much on the weekly timeframe.
I don't see any reason to chase the price or get caught up in the excitement on social media when the charts aren't giving me a bullish signal. As far as the weekly chart is concerned, I still don't see anything encouraging.
**BTC Lower Timeframes**
Last week, Bitcoin was trading around the $67k area, and I said that any weakness there would likely send the price back to the $60k–62k range. Last week, price dropped to around $62.2k, exactly as expected.
Overall, I think the lower timeframes are still range-bound.
$67k remains the key resistance.
$60k–62k remains the key support.
As long as price continues trading within this range, it's a no-trade zone for me. A breakout in either direction would likely lead to trend continuation.

$BTC Strong Bullish Recovery
I'm seeing $BNB showing strength after a sharp correction from $632.90 to $570.82. Buyers defended the major support area and price is now forming higher lows on the 4H timeframe. This recovery structure suggests bullish momentum is gradually building.
Reason
I'm bullish because the market strongly rejected the $570 support zone. Selling pressure has weakened, buyers are stepping back in, and price continues holding above recent recovery levels. As long as support remains intact, the probability favors further upside movement.
Trade Setup
Entry: $586.00 - $590.00
Stop Loss: $579.00
Target 1: $598.00
Target 2: $608.00
Target 3: $620.00
Target 4: $632.00
How It's Possible
I'm seeing accumulation after the recent selloff. The bounce from $570.82 confirms strong buyer interest at lower levels. If price continues holding above the entry zone and breaks above $595.00, buying momentum can increase and drive the next move toward $608.00, $620.00, and eventually $632.00.
Risk Management
• Enter only within the entry zone.
• Keep the stop loss fixed at $579.00.
• Secure partial profits at each target.
• Move stop loss to breakeven after Target 1.
I'm bullish on BTS while price remains above key support and continues forming higher lows.
Let's go and Trade now $BTC
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